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The Madoff AffairA Guide To The Perplexed Antisemite
By Israel Shamir

12-20-8

The thinking-man's antisemite would be baffled what to
make out of Madoff Affair. Should he rejoice or bewail? If you
read Jewish newspapers, you'd think that "antisemites" - the
vast majority of mankind, according to Jewish sources ("scratch
a goy and you'll find an anti-Semite") ­ should be bursting with
joy.

Bradley Burston enthused in Haaretz: "For
the true anti-Semite, Christmas came early this year. The anti-Semite's
new Santa is Bernard Madoff. The answer to every Jew-hater's
wish list. The Aryan Nation at its most delusional couldn't have come
up with anything to rival this". He is echoed by the execrable Lipstadt:
"He is anantisemite's dream. The worst of them could not have
dreamt up such a story." And the ADL confirms: "We
expect the antisemites to have a field day. They will exploit it."

One would think that Jewish mega-cheats are a rare species,
like white ravens. This is hardly the case. Dr. William Pierce made
his valuable observation some years ago: "Jews aren't the only crooks,
but they're certainly the biggest crooks. If you hear about a 100-thousand-dollar
swindle, it could be anybody. If you hear about a 100-million-dollar swindle,
then you know that it has to be a Jew." Even more so if we hear about
a 50-billion-dollar swindle!

Pierce reminded his readers about Michael Milken, Ivan
Boesky, Marty Siegel, Dennis Levine and the insider-trading scandal that
nearly wrecked Wall Street a dozen years ago-- and incidentally bankrupted
tens of thousands of ordinary Americans who lost their investments as a
result of the artificial manipulation of stock prices. Every major actor
in that scandal was a Jew.

"Remember the enormous savings-and-loan catastrophe
during the 1980s that ended up costing American taxpayers 500 billion dollars?
A big part of the reason for the collapse of the savings-and-loan industry
in the 1980s was the huge investments in so-called 'junk bonds' by so many
savings-and-loan institutions. And the man behind the junk bonds --the
financial genius persuading the savings-and-loans to buy them--was none
other than Michael Milken."

One can fine-tune Pierce: the big crooks and swindlers
are not necessarily Jews but they are devoted to Jewish causes, be
it the Holocaust cult or the Zionist cause.When it comes to charity, an
American cheat, whether goy or Jew, does not care for poor Americans or
for starving Africans. He gives his tithe to the Jewish cause. This
was the case with Madoff. He contributed a lot to Jewish causes, so
he had to be a swindler. (In "The Man Higher Up" from
my book Pardes, I explain why).

So, why should the proverbial antisemite rejoice at Madoff's fall,
if it was as much to be expected as the morning dawn? Is it because there
were "a number of prominent Diaspora Jews among the victims, including
Nobel laureate Elie Wiesel, movie director Steven Spielberg,
and real-estate magnate Mortimer Zuckerman", as the Wall Street
Journalreported?

James Petras thinks it should rather disappoint antisemites:
"Madoff struck a severe blow against anti-Semites who claim that
there is a 'close-knit Jewish conspiracy to defraud the Gentiles', laying
that canard to rest once and for all. Among Bernard Madoff's
principal victims were his closest Jewish friends and colleagues, people
who shared Seder meals and frequented the same upscale temples in Long
Island and Palm Beach." [An edited version of Petras'
article is appended below.]

This is also the view of Michael Hoffman: "Madoff's
enormous heist undercuts a stereotype of the Jew-haters: that Jews are
always robbing gentiles and profiting communally from the rip-off. This
is sheerest ignorance Contrary to the received opinion, Judaism is not
good for Jews. They may cheat the gentiles first, but sooner or later they'll
give each other a haircut too." Hoffman goes even further and says,
"The biggest victims of Judaism are not gentiles but Jews themselves."

One hesitates to disabuse his noble heart. Though Hoffman's
generous statement certainly is correct in a deep spiritual sense, the
Judaic strategy, in the medium-run, is a winning one in the practical sense.
>From bankruptcy to bankruptcy, from swindle to swindle, from one insurance
fraud to the next -- the aggregate wealth of the Jewish community permanently
grows thanks to intra-Jewish philanthropy. Yes, Spielberg and Yeshiva University lost
some cash in this debacle, but otherwise, billions of dollars came in and
remained within the Jewish community. One may view Madoff as
a Jewish suicide bomber: he blew himself up financially, and the immediate
losses to a few Jewish investors were just so much collateral damage. But
the bottom line was a major, permanent transfer of gentile wealth to the
Jews.

As always, denunciations of antisemitism serve to cover
up the hard facts. We hear of ruined Jewish investors, BUT the majority
of Madoff's fools were non-Jewish, correctly observed Peter Myers' correspondent
Leo Schmit from Kandahar, Afghanistan. "The majority
of Madoff's fools were non-Jewish individuals, banks, funds and firms.
The claim that Jewish foundations are taking the 'biggest hit' is evidently
not true. The harm to Jewish foundations is dwarfed by the damage done
to numerous financial institutions, funds and firms as listed by Henri Blodget."
Besides, the Jewish American investors (as opposed to the European non-Jews
and their banks) will get their investment back under the US government's
financial fraud protection scheme.

So, antisemites have no reason to rejoice. A Jewish crook
is nothing new; a successful Jewish crook is nothing new, either. Jews
did not lose, they won. Their complaints and regrets are as true as Madoff's
accounting. Dr Petras' joy was premature, too, as he wrote: "The swindle
may lessen funding for AIPAC's purchase of Congressional influence
and financing of propaganda campaigns in favor of a pre-emptive US military
attack against Iran." Not so fast, Jim! Even if some Jewish and
Zionist organizations lost money, the total sum of Jewish holdings increased,
and this new wealth will again find its way to the Zionist Lobby and other
such bodies. Does this mean that nothing can be done about it? No. Where
there is a will, there is a way.

While it would be unfair to confiscate the private funds
of innocent Jewish individuals in compensation for the Jewish fraudsters'
misdeeds, the holdings of "the Jewish people" are fair game.
Now these vast holdings are mortmain, as was Church property in the Middle Ages.
Mortmain, or "Dead Hand", means one can't sue them. All losses
are yours, while only the profits are theirs. Such a regime is too good
to last forever. The Reformation would never have taken place but for the
Dead Hand rule of the Church holdings. The princes finally had to expropriate
the Church, otherwise it would have become too powerful and undermined
their own economic dominion. Now is the time to deal with the Jewish Dead
Hand. They benefited from Madoff's misdeed, now let them pay
for it.

These holdings are controlled by still uncaught Madoffs and
other Zionist leaders.The Jewish National Fund (JNF) "is a multi-national
corporation with offices in about dozen countries world-wide. It receives
millions of dollars from wealthy Jews around the world, most of which are
tax-exempt contributions. JNF's aim is to acquire and develop
lands exclusively for the benefit of Jews. It leases land to Jews only."
Our friend Jonathan Cook from Nazareth described it
as a racist institution of immense wealth and power. The JNF received funding
from Madoff, and moreover, other people who earned money through Madoff's schemes
also supported the JNF.

Another possible mortmain body with vast holdings
is the Conference on Jewish Material Claims against Germany.
This Fund, according to Haaretz, received billions dollars' worth
of real estate in East Germany under a clause in German law that
recognizes it as the owner of all assets belonging to Holocaust victims
without heirs. Do not worry: this money is not helping poor old Jews anyway.
A Haaretz headline relates that "Survivors get tiny
slice of Holocaust compensation". This bulk of cash should be used
to pay the defrauded gentiles.

While we're at it, these and other Jewish communal bodies
may be charged not only for the relatively tiny losses caused by Madoff,
but for the much bigger ones caused by the Talmud-swearing Alan Greenspan and
his Yeshiva-comrade Ben Bernanke. There is no reason to hate Greenspan
or to call him Public Enemy Number One: it will be enough to revert his
main deed, the massive transfer of wealth from ordinary Americans to the
super-rich and from them to the Jewish causes. Among these latter, the Simon Wiesenthal Tolerance Center should
also be a prime target; this could save Jerusalem from the monstrosity that
organization plans to build in the centre ofJerusalem on top of Mamilla Cemetery.
(In order to be 'tolerant', by Simon Wiesenthal Tolerance standards, you
must support gag laws and the bombing of Iran!)

Expropriation of these bodies will not harm a single honest
person of Jewish origin. It's the other way around: it would
remove the major reason for antagonism between Jews and non-Jews. Jews
would know that there are no separate funds to take care of them and would
recognize that they are in one boat with their non-Jewish fellow-citizens.
And then the Jewish Lobby would shrink to its natural size of, say, Cuban
Lobby, and the US would recover from its sickness.

We, the Israelis, would be the biggest beneficiaries of
such a move. Isaac Deutscher ascribed the negative developments
in Israel to the influence of super-rich American Jews: "A
wealthy American Jew is at heart proud to be a member of the Chosen People,
and in Israel he exercises his influence in favour of
religious obscurantism and reaction. He keeps alive the spirit of racial-talmudic exclusiveness
and superiority. It feeds and inflames the antagonism towards the Arabs". If
they are made to pay for their tricks, not only antisemites, but Jews as
well will have good reason to rejoice.